309 S 4th Street, Columbus, OH 43215
New Listing
$9,500,000
Property Type:
Multi-Family
Lot Size (sq. ft.):
11,326
Status:
Active
Current Price:
$9,500,000
List Date:
11/14/2025
Last Modified:
11/18/2025
Description
The Mercantile is a fully refurbished historical building featuring original exposed timber beams and top of the line architectural features throughout. Boasting total of 41 units, 5 of which are luxury penthouses (with gas appliances) and 3 commercial units. The landmark building includes 2 elevators, front lobby reception, underground storage, fitness center, cutting edge security features, a rooftop that can be developed into iconic retail space or additional tenant amenities and parking lot including 30 spaces. Standard finishes include quartz counters, stainless appliance packages, in-unit laundry, wood floors, and LED backlit mirrors. 100% property tax abatement in place until 2034. 3 total parcels included in sale. Property flyer attached with additional buildings specs. Agents please see A2A for additional info
Supplements: ********
More Information MLS# 225043059
Location & Property Info
List Price/SqFt: 214.27
City (Mailing Addr): Columbus
Corp LimitPerAuditor: Columbus
Office/Contract Info
For Sale: Yes
Exchange: No
General Property Info
# of Buildings: 1
Built Prior to 1978: Yes
Total Parking: 30
Building Sqft: 44336
Number of Units: 41
Year Built: 1902
Acreage: 0.26
Tax Info
Addl Parcel Numbers: 010-286240-00 & 010-044130-00
Tax Abatement: Yes
Abatement End Date: 2034-01-01
Taxes (Yrly): 39866
Parcel #: 010-044614
Tax Year: 2024
Remarks & Misc
Property Description: The Mercantile is a fully refurbished historical building featuring original exposed timber beams and top of the line architectural features throughout. Boasting total of 41 units, 5 of which are luxury penthouses (with gas appliances) and 3 commercial units. The landmark building includes 2 elevators, front lobby reception, underground storage, fitness center, cutting edge security features, a rooftop that can be developed into iconic retail space or additional tenant amenities and parking lot including 30 spaces. Standard finishes include quartz counters, stainless appliance packages, in-unit laundry, wood floors, and LED backlit mirrors. 100% property tax abatement in place until 2034. 3 total parcels included in sale. Property flyer attached with additional buildings specs. Agents please see A2A for additional info
Income/Expenses
Gross Income: 0
Net Operating Income: 0
Total Expenses: 0
Addl Acceptance Cond
None Known: 1
1 Bedroom
1 Bedroom # of Units: 21
2 Bedroom
2 Bedroom # of Units: 12
Construction
Brick: 1
Heat Fuel
Electric: 1
Gas: 1
Parking Features
Assigned: 1
Water Source
Public: 1
Sewer
Public Sewer: 1
Other
Other # of Units: 8
Miscellaneous
Security System: 1
W/D Hookups: 1
Tenant Pays
Electricity: 1
Auction Info
Auction/Online Bidding Y/N: No
Heating
Forced Air: 1
New Financing
Assumable: 1
Conventional: 1
Air Conditioning
Rooftop: 1
Owner Pays
Water: 1
MLS Primary PhotoSrc
Realtor Provided: 1
Location Property Info
Original List Price: 9500000
List Price: $9,500,000
Property Sub Type: Midrise
Street #: 309
Street PreDirection: S
Street Name: 4th
Street Suffix: Street
County: Franklin
State: OH
Zip Code: 43215
School District: COLUMBUS CSD 2503 FRA CO.
Township: None
OfficeContract Info
Status: Active
MLS Entry Date: 2025-11-14
Property Features
Addl Acceptance Cond: None Known
Parking Features: Assigned
Owner Pays: Water
Tenant Pays: Electricity
Heat Fuel: Electric; Gas
Heating: Forced Air
Air Conditioning: Rooftop
Construction: Brick
Water Source: Public
Sewer: Public Sewer
Miscellaneous: Security System; W/D Hookups
New Financing: Assumable; Conventional
MLS Primary PhotoSrc: Realtor Provided
Documents
Listing Office:
Red 1 Realty
Listing Agent:
Roxy Ponce
Last Updated: November - 18 - 2025
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